Japan-IMF
Masters (MS) Degree
Deadline: 10 Dec (annual)
Study in: Japan
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The Japan-IMF Scholarship Program is an excellent scholarship program. It is for master’s degree student. Students who are enrolled in masters degree program or about to get admitted in masters program can apply for this scholarship. The Japan-IMF Scholarship Program is particularly for Asian students. It is known as JISPA. This scholarship program was first introduced in 1993. Since then every year this scholarship is being offered. It is funded by both Government of Japan and IMF (international Monetary Fund).
The joined track of the JISPA enables scholars to study a specially designed graduate level education program concentrating on macroeconomics at an IMF accredited university.
Host University:
the partnership universities that will be accepting scholars are:
• National Graduate Institute for Policy Studies (GRIPS): one-year and two-year programs
• Hitotsubashi University (HIT): two-year program
• International University of Japan (IUJ): two-year program
• University of Tokyo (UT): two-year program
Education Program / Course:
The scholarship are towards graduate level courses concentrating on macroeconomics. See the brochure (see link below) for the complete course list under the program.
Number of Awards:
a total of 36 new scholarships are available to candidates for the partnership track There is no fixed limit on new scholarships for the open track, but generally only a small number of scholarships are awarded.
Target Applicant group:
Currently, the JISPA is open to qualified candidates from the following countries:
Bangladesh, Bhutan, Cambodia, China, India, Indonesia, Kazakhstan, Kyrgyz Republic, Lao P.D.R., Malaysia, Maldives, Mongolia, Myanmar, Nepal, Pacific Island Countries, Papua New Guinea, Philippines, Sri Lanka, Tajikistan, Thailand, Timor-Leste, Turkmenistan, Uzbekistan, and Vietnam.
The JISPA targets highly motivated government officials who may serve as future macroeconomic policy makers with the capacity and vision to contribute effectively to the economic development of their countries.
Scholarship value/inclusions:
Scholarships provide for tuition fees; a monthly stipend (including the housing allowance and medical/accident insurance); one round-trip economy class air-ticket; and a lump-sum allowance to cover visa application costs, testing fees (such as TOEFL), and book-shipping costs. The scholarship covers expenses incurred by the scholar only.
The scholarship covers one year. For the two-year master’s programs, the scholarship can be renewed for the second year based on academic performance and the university’s recommendation, together with nomination by a scholar’s sponsoring agency.
Eligibility:
To apply for this scholarship, the following eligibility criteria must be met –
- Applicant must be from enlisted country (given above)
- Candidate cannot have any kind of relation with IFM
- Candidate must have completed Bachelor degree program
- Applicants must have an English language proficiency, which needs to be demonstrated as equivalent to or more than an official TOEFL score of 550, CBT213, or iBT79-80. If TOEFL scores are not available, then an overall IELTS score of at least 6.0 can be substituted.
Important: In addition, each partner university has its own admission/eligibility requirements.
How to Apply for this Scholarship:
For -AY, the deadline is 10 December . There is no application deadline for the open track applications; applications are accepted and reviewed year-round.
It is important to read the -Scholarship Brochure and visit the official website (link found below) for detailed information on how to apply for this scholarship.
Scholarship Website:
Official Scholarship Website: http://www.imf.org/external/oap/schol.htm
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